r/wallstreetbets • u/ADropinInfinity • Feb 11 '25

Gain 122K->1.5 Million Weeklies. I'm Done With AST... Moving On To $ABSI And $ACHR

I'm Following up my YOLO post of Last Week. Turned around 122K to 1.15M in a Week. It's been a great run, but I'm done with ASTS.

I'm moving on to $ABSI(One Of The Most Undervalued AI Plays IMO) and $ACHR(Still Very Undervalued IMO) balls deep.

EDIT(people were commenting why $ABSI, this is mini DD):
The AI industry is rapidly shifting towards AI biotech and AI drug discovery, as that sector of the market has a lot of room to grow and remains in the most undervalued segment. ABSI stands out for me as one of the most undervalued companies in the space of AI Drug Discovery, currently valued at just over $500 million. It recently received a large investment from AMD and has strong partnerships with big pharma with a good pipeline. Major players like NVIDIA are starting to heavily invest in AI-driven biotech. I believe that in the AI Sector, this is the year of the AI-Drug Industry(Proving this point Pelosy investing in TEM?). Moreover, Analysts have an average price target of $8.57 with some analysts having a PT of $13. I'll do a Full DD on it soon...

Gains

Disclaimer: I’m not a financial advisor. This is an entertainment/opinion post and not financial advice—just me sharing what I’m doing to showcase my degeneracy for fun. past performance doesn't mean/guarantee future results.... What I mentioned is very speculative and is sometimes dumb gambling. Moreover, such speculative investments carry the risk of failing/bankruptcy if the tech fails or is not as promised. Don't invest based on this post as I'm a regard. Do your own research as it may contain mistakes and may be 100 percent wrong...

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5

u/godlyuniverse1 Feb 11 '25

I don't really mess with options so don't know much about it but how do you 10x your money in 1 week from it?

asts has gone up like 40%, I'd appreciate an explanation

9

u/GiraffeVirtual133 Feb 11 '25

That's the point of options. It is called leverage. You may win big or lose big.

1

u/godlyuniverse1 Feb 11 '25

So if the stock went down like 20 or 30 percent, he would have lost much more than that percentage from the 122k?

11

u/hoopaholik91 Feb 11 '25

If the stock stayed flat he would have lost everything.

2

u/godlyuniverse1 Feb 11 '25

Ah I see, okay now I see why he got that much, basically is big risk big return.

1

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1

u/monkey_lord978 Feb 11 '25

He’d lose all if it